Ground-breaking Oil Pollution Compensation Fund to be Wound Up
The governing bodies of the International Oil Pollution Compensation Funds (IOPC Funds) held recent meetings at the Headquarters of the International Maritime Organization (IMO) in London, and decided to wind up the ground-breaking 1971 fund which has since been replaced by the 1992 protocol. The Fund was an international innovation when a global, solidaritory scheme on compensation for the victims of oil pollution caused by tankers was established in 1971.
Dryships Report Q3 2013 Net Loss Despite EBITDA Growth
Drybulk and petroleum cargo transportation company, DryShips, & through its majority owned subsidiary, Ocean Rig, of offshore deepwater drilling services, announce…
Ro-Pax Ferries Bear Excessive Reinsurance Burden Says Broker
Insurance broker and Maritime London member Willis believes that ro-pax ferries are bearing an unfair share of costs allocated to passenger ships within the International Group of P&I Clubs' reinsurance pool. The broker's head of global P&I, Ben Abraham, told delegates at the recent Interferry annual conference in Malta that there was a compelling argument to differentiate between pure passenger ships and ro-pax ferries…
Ocean Rig in the Red Q3 2013 But Increase Drilling Revenues
International contractor of offshore deepwater drilling services, Ocean Rig, announce its unaudited financial and operating results for the third quarter ended September 30…
Coast Guard Foundation Honors Heroes
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, will hold its 20th annual…
SafeBulkers Increase Q3 2013 Dividend Despite ...
Greece's SafeBulkers Inc. reports decrease in profits in its third quarter 2013 financial results but increases company dividend to reflect an improved charter market.
Aleris Introduces Alloy Temper for Marine Applications
Aleris announced it now offers 5083–H128, the newly developed aluminum alloy temper for marine applications that meets the new standards for marine plate as specified in ASTM's B928-13 standard.
DMW Marine Hires Reeder
DMW Marine Group hired Monty Reeder as its Inside Sales Manager and New England, Canada and mid-Atlantic direct Sales Representative. Reeder graduated from Ursinus College with a degree in Business and Economics and previously represented Iron Mountain. Mark Gregory will now be responsible for direct sales in the Southeastern US and Gulf Coast while Bo Weidner will continue to handle the West Coast of the US and Canada.
NASNI Builds Navy's First Submarine Firefighting Trainer
Smoke bellows out the ventilation ducts. The glow of the blazing fire emanates down the passageway. Firefighters move with precision and purpose, pausing to unleash a torrent of water towards the fire as they kneel before it. Such was the scene at the Navy's first submarine firefighting trainer, located at Naval Air Station North Island (NASNI) Oct. 29. Commander, Navy Installation Command (CNIC) approached Kidde Fire Trainers almost one year ago in response to the incident on the USS Miami…
Newpark Drilling Fluids Opens Technology Center
Newpark Drilling Fluids held a grand opening ceremony for its Newpark Technology Center in Katy, Texas. The celebration commenced with skydivers parachuting in while displaying American, Texas and Newpark flag replicas, followed by a flag raising ceremony conducted by the United States Army Color Guard and a ribbon cutting with Newpark executives as well. Festivities then continued indoors with tours of the center and its expansive laboratory facilities.
Coast Guard Completes Arctic Shield 2013
The U.S. Coast Guard completed Arctic Shield 2013 after a successful summer season of sustained operations and outreach efforts in the Arctic region Friday. Arctic Shield focused on Western Alaska and the Bering Strait and consisted of a three-pronged approach of operations, outreach and an assessment of the Coast Guard's capabilities in the Arctic. This regional operation aligns with the Coast Guard Arctic Strategy and its three key objectives: improving awareness…
Coast Guard Suspends Dive Boat Operator
U.S. Coast Guard Sector Hampton Roads investigators received confirmation last month that Administrative Law Judge Michael Devine agreed with the Coast Guard's arguments…
PPG Appoints Two Vice Presidents
PPG Industries announced that Diane M. Kappas has been appointed vice president, Americas, for the protective and marine coatings (PMC) business, effective Dec. 1. The company also announced that Jane Valenta has been appointed to Kappas’ previous role of vice president, environment, health and safety (EHS), effective Dec. Kappas will assume full responsibility for PPG’s PMC business in the United States, Canada and Latin America, and she will report to Tim Knavish, global vice president, PMC.
RoadOne Appoints Norfolk Terminal Manager
RoadOne IntermodaLogistics, a single source intermodal, distribution and logistics services company, announced the appointment of Rick Longerbeam as terminal manager…
KNRM Rescue Vessel Passes Capsize Trials at Damen Shipyard
The latest rescue vessel commissioned by the Royal Netherlands Sea Rescue Institution (KoninklijkeNederlandse Redding Maatschappij, KNRM) has passed an important trial at Damen Shipyards Group in Gorinchem before being entrusted to its crew. The capsize trials had to show that this youngest generation of rescue vessel is actually capable of righting itself. In four different tests, the rescue vessel…
U.S. and Canadian Forces Partner for SAR Exercise
The call came in two days ago: an aircraft with 40 passengers aboard had gone down in a remote area somewhere along the Alaskan-Canadian border. The Federal Aviation Administration, which had been monitoring the flight, received the distress call before losing contact with the aircraft. Just as if it had been a real-life situation, the FAA contacted the Alaska Rescue Coordination Center at Joint Base Elemendorf-Richardson. The notional scenario set the stage for more than 100 U.S.
Intellian FleetBroadband Compatible with Inmarsat XpressLink
Inmarsat, a provider of global mobile satellite communications services, announced that FleetBroadband terminals manufactured by Intellian are now approved for use with XpressLink…
MOL to Open New Office in Switzerland
Mitsui O.S.K. Lines (MOL), one of the world's largest global multimodal transportation companies, will open its own office in Switzerland as part of its strategy to grow closer to customers.
Commercial Cargo Pilot Seeks U.S.-Mexico Security
The many years of concern about the commercial Mexican-U.S. cross-border practices which slow down the movement of cross-border cargo and security implications,…
Five Crew Rescued from Sunken Fishing Boat
Five crew members from a French fishing vessel have been winched to safety after their boat sank in stormy conditions off the Cornish coast. Falmouth Coastguard was first contacted just before 1 a.m.
